TIAA Bank Bump Rate CD
TIAA Bank Bump Rate CD
in CD Accounts from TIAA Bank · fdic

TIAA Bank Bump Rate CD

in CD Accounts from TIAA Bank · Member FDIC
Not enough votes for recommendation

Not enough votes for recommendation

Explore a similar product
Try this top product in CD Accounts.
CIT Bank No-Penalty CD
CIT Bank No-Penalty CD 27 reviews
Minimum Opening Deposit Starting at $1,500
Certificate Term 42 months
APY (Annual Percentage Yield) 0.70%

TIAA Bank Bump Rate CD Review

TIAA Bank Bump Rate CD is offered by TIAA Bank, a bank founded in 1918 and based in New York, NY. TIAA Bank Bump Rate CD is available in 50 states (and Washington, DC).

Key Takeaways
  • Only one CD account type available. TIAA Bump Rate CD only offers bump up CD accounts.
  • Very high APY. This account offers an annual percentage yield of up to 0.70%, which is much higher than the national average for a CD account.
  • $1,500 minimum deposit. This is a typical minimum initial deposit for the CDs we track.
  • Limited selection of CD terms. TIAA Bump Rate CD only offers one CD terms. This limits your options when trying to set up a CD ladder.
Pros & Cons of TIAA Bank Bump Rate CD
Pros Cons
  • FDIC insured.
  • Available in all 50 states.
  • High-interest yield.
  • Poor selection of CD terms.
  • There isn't a no-penalty CD option.
  • Does not offer an IRA CD.
TIAA Bank Bump Rate CD FAQ

Are cd accounts from TIAA Bank federally insured?

Yes, your TIAA Bank cd accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

What types of CDs does TIAA Bank offer?

TIAA Bump Rate CD provides the following types of CDs.
  • Traditional CDs. These CDs pay a fixed interest rate i you deposit a fixed amount of money for a specific term. Once the maturity date arrives, you have the option of cashing out or rolling over the CD for another term.
  • Bump-up CDs. Bump-up CDs allow you to increase the interest rate you earn on your savings if the going interest rates rise. These CDs are useful in a changing interest rate environment.

What CD rates does TIAA Bank offer on its CDs?

The CD rates for this account have an APY of0.70% (APY stands for annual percentage yield, rates may change).

What terms does TIAA Bump Rate CD offer?

TIAA Bank offers CD terms of the following lengths:
TIAA Bank Bump Rate CD Rates & Terms
APY (Annual Percentage Yield) 0.70%

What is the minimum deposit to open a CD account with TIAA Bank?

TIAA Bump Rate CD requires a minimum deposit of $1,500 to open an account.

What is the grace period for TIAA Bump Rate CD?

There is a 10-day grace period for TIAA Bump Rate CD. A grace period is a period of time during which you can withdraw the money in your CD without paying an early withdrawal penalty. A grace period starts the day after a CD’s maturity date, or the final day a CD is opened. Standard CDs renew automatically at the same term if you don't withdraw your money after the 10-day grace period. Note that the new CD rates probably won’t be the same as the original.

What types of fees, such as early withdrawal penalties, does TIAA Bump Rate CD charge?

Financial institutions don't typically charge many fees on CDs. However, most charge a fee if you choose to withdraw your money before the CD term ends.

TIAA Bank does not charge an early withdrawal fee.

SuperMoney Disclosure: is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Message From TIAA Bank

Bump your rate, pump up your earnings. A high yield CD that could go even higher! If our rates start to climb, we don’t want you to miss out. Open your Bump Rate CD today, and lock in a one-time rate bump option.


  Available in 50 states and Washington, D.C.
  • Alaska
  • Alabama
  • Arkansas
  • Arizona
  • California
  • Colorado
  • Connecticut
  • Washington, DC
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Iowa
  • Idaho
  • Illinois
  • Indiana
  • Kansas
  • Kentucky
  • Louisiana
  • Massachusetts
  • Maryland
  • Maine
  • Michigan
  • Minnesota
  • Missouri
  • Mississippi
  • Montana
  • North Carolina
  • North Dakota
  • Nebraska
  • New Hampshire
  • New Jersey
  • New Mexico
  • Nevada
  • New York
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Virginia
  • Vermont
  • Washington
  • Wisconsin
  • West Virginia
  • Wyoming

Feature Breakdown

Minimum Opening Deposit Starting at $1,500
APY (Annual Percentage Yield) 0.70%
CD Accounts Bump Up
Grace Period for Account Changes 10 days
Certificate Term 42 months

Be the first to rate


Would you recommend TIAA Bank Bump Rate CD to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
(will require moderator approval)

TIAA Bank CD Accounts